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Tempur Sealy International Inc - TPX STOCK NEWS

Welcome to our dedicated news page for Tempur Sealy International (Ticker: TPX), a resource for investors and traders seeking the latest updates and insights on Tempur Sealy International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tempur Sealy International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tempur Sealy International's position in the market.

Rhea-AI Summary
Tempur Sealy International, Inc. (NYSE: TPX) is set to report its first-quarter financial results for the period ending March 31, 2024, and provide an update on the proposed acquisition of Mattress Firm. The company will hold a conference call at 8:00 a.m. Eastern Time on Tuesday, May 7, 2024, with a webcast available on their investor relations website. Investors and analysts can access the webcast replay for 30 days post the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
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conferences acquisition earnings
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Rhea-AI Summary
Tempur Sealy International, Inc. provides an update on the acquisition of Mattress Firm Group Inc., expecting the FTC review to conclude by the end of the second quarter. The transaction is projected to close in mid to late 2024, reinforcing key supplier relationships to maintain Mattress Firm's status as a leading multi-branded retailer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
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Rhea-AI Summary
Tempur Sealy International, Inc. (TPX) reports fourth quarter 2023 net sales of $1.2 billion, with a 1.4% decrease in total net sales. EPS decreased by 24.6% to $0.43, with a 260 basis point expansion in consolidated gross margins to 43.8%. The company increased its quarterly cash dividend by 18% to $0.13 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
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Rhea-AI Summary
Tempur Sealy International, Inc. (TPX) has declared an 18% increase in its quarterly cash dividend to $0.13 per share. The dividend is payable on March 7, 2024, to shareholders of record as of February 22, 2024. This marks the fourth increase to the dividend over the last three years, reflecting the company's strong market position and ability to generate significant free cash flow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
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dividends
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Rhea-AI Summary
Tempur Sealy International, Inc. introduces the TEMPUR-ActiveBreeze smart bed, featuring personalized climate control and TEMPUR pressure relief with individually-controlled ActiveAir Technology. Priced at $9,998, the bed is designed to address the needs of hot sleepers and comes with innovative features such as dual-zone climate control, ProSmart Air base, and TEMPUR-Material layers. The company aims to accelerate premium sales for retail partners and position Tempur-Pedic as a leader in premium bedding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
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Rhea-AI Summary
Tempur Sealy International, Inc. announces the launch of the all-new TEMPUR-Adapt mattress collection, featuring Adapt, ProAdapt, and LuxeAdapt models starting at $2,199 queen. The collection combines the latest advancements in TEMPUR-Material with proprietary material and ergonomic innovations, delivering exceptional pressure relief and motion cancellation. The premium model Advanced Relief material offers up to 20% more pressure relief. The collection also includes hybrid models and cool-to-the-touch covers for a comfortable sleep experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
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none
Rhea-AI Summary
Tempur Sealy International, Inc. (TPX) is set to release its financial results for the fourth quarter of 2023 and provide an update on the proposed acquisition of Mattress Firm. The company will hold a conference call at 8:00 a.m. Eastern Time, which will be webcast and accessible on the investor relations website. The webcast replay will be available for 30 days after the call.
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conferences acquisition earnings
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Rhea-AI Summary
Tempur Sealy International, NYSE: TPX, issued its 2024 Corporate Social Values Report, emphasizing its commitment to environmental sustainability, community improvement, and shareholder value. The report highlights achievements in achieving zero waste to landfill status, progress towards carbon neutrality, industry-leading product innovations, charitable contributions, and increased transparency and disclosures around employee health & safety and engagement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
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Rhea-AI Summary
Tempur Sealy International, Inc. (NYSE: TPX) - Mattress Firm Transaction Expected to Close in Mid to Late 2024. Tempur Sealy has certified substantial compliance with the FTC's second request for documents and information regarding the proposed acquisition of Mattress Firm, the nation's largest mattress specialty retailer. This certification marks a significant step towards finalizing the acquisition announced on May 9, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
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none
Rhea-AI Summary
Tempur Sealy International, Inc. announced that its Tempur-Pedic brand has been awarded #1 in Customer Satisfaction for the Online Purchase segment in the J.D. Power 2023 U.S. Mattress Satisfaction Study. This is the third consecutive year that Tempur-Pedic has achieved this distinction. The brand has also been recognized by J.D. Power for six of the previous seven years among mattresses purchased online and in-store. Tempur-Pedic scored highest in 5 factors in the Online Purchase category, which include support, durability, comfort, price, and warranty.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.91%
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Tempur Sealy International Inc

NYSE:TPX

TPX Rankings

TPX Stock Data

8.71B
132.50M
2.95%
104.21%
7.76%
Mattress Manufacturing
Manufacturing
Link
US
Lexington

About TPX

tempur sealy international, inc. is the world's largest bedding provider. combining a proud history and groundbreaking innovation, the company holds some of the most highly recognized brands in the industry: tempur®, tempur-pedic®, sealy®, sealy posturepedic®, optimum™, and stearns & foster®. to ensure our progress, we’re making commitments to three groups that are critical to our growth. consumers: the best bed and the best sleep of your life we will create the most desired products at every price point, further growing the strong consumer loyalty to our brands. we will continue to be recognized as innovators in our industry. retailers: we are dedicated to your success we will develop a full and balanced portfolio across brands, products and prices, and deliver consumer advertising that will drive sales. we will create a world-class supply chain that is "easiest to do business with"​. our associates: you can expect maximum personal growth we will empower you to do meaningful work and